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Whole-Foods-Greenville-S.C
DevelopmentGrocery-anchoredLeasingMixed-useNewsSouth Carolina

Whole Foods to Anchor $1 Billion Mixed-Use Development in Downtown Greenville, South Carolina

by Hayden Spiess

Greenville, S.C. — Whole Foods Market has signed on to anchor Greenville County Square, a $1 billion mixed-use redevelopment project in downtown Greenville. RocaPoint Partners is the developer behind the 3.5 million-square-foot live-work-play destination, which will modernize and activate 40 acres along University Ridge. Whole Foods Market will occupy a standalone building designed by MVA Architects. Whole Foods is the first tenant announced, and RocaPoint is currently pursuing other credit-worthy retailers and restaurants to join the development. “Whole Foods Market will add to the development’s lively charm and represents the …

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First National Realty Partners LLC
Grocery-anchoredInvestment salesMarylandNews

First National Acquires 359,484-Square-Foot Shopping Center in Metro Washington, D.C.

by Hayden Spiess

Waldorf, Md. — First National Realty Partners has acquired Waldorf Marketplace, a 359,484-square-foot shopping center located in Waldorf, approximately 30 miles outside Washington, D.C. A 58,092-square-foot Safeway anchors the property, which is also home to tenants including Hobby Lobby, Jared, Petco, Starbucks Coffee, Wells Fargo, Red Robin, TGI Fridays, Bath & Body Works and Famous Dave’s. The purchase marks First National Realty Partners’ fourth retail center acquisition within the DMV-metropolitan area.

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Fulton-Market-Chicago
IllinoisLeasingMixed-useNews

L3 Capital Adds Two Tenants to Mixed-Use Development in Chicago’s Fulton Market Neighborhood

by Hayden Spiess

Chicago — L3 Capital has added two new tenants to its mixed-use development in the Fulton Market neighborhood of Chicago. Ever/Body and Brilliant Earth will join the retail lineup, marking six tenant openings since September of last year. L3 completed construction on the 35,000-square-foot project, a redevelopment of a former bank and parking lot which is now fully leased, in January 2022. Other tenants include Mejuri, Brooklinen, Puttery and Lululemon.

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Jeff-Enck-SRS
Company newsGeorgiaNews

Jeff Enck Joins SRS Real Estate Partners as Senior Vice President

by Hayden Spiess

Atlanta — Jeff Enck has joined SRS Real Estate Partners as senior vice president of the company’s investment properties group. Enck, who brings more than two decades of experience, will lead the establishment of a new service line focused on unanchored shopping centers throughout the Southeast. Kyle Stonis and Pierce Mayson lead the investment properties team in Atlanta. “I’m very excited to be joining a team and firm that are among the very best in retail investment sales,” says Enck. “Combining my unanchored business with the institutional and net leased …

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The-Streets-of-Tanasbourne-Hillsboro-Ore
Investment salesNewsOregon

Newmark Arranges Sale of 371,791-Square-Foot Shopping Center in Oregon

by Hayden Spiess

Hillsboro, Ore. — Newmark has arranged the sale of The Streets of Tanasbourne, a 371,791-square-foot shopping center located in Hillsboro. Nicholas Bicardo, Nick Kucha and Cheyne Bloch brokered the sale on behalf of the undisclosed seller. Balboa Retail Partners purchased the property. Macy’s, H&M, REI and Sephora anchor the center, which was 93 percent leased at the time of sale.

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New-Haven-Marketplace-Ontario-Calif
CaliforniaGrocery-anchoredInvestment salesNews

SRS Brokers $54 Million Sale of Shopping Center in Southern California

by Hayden Spiess

Ontario, Calif. — SRS Real Estate Partners’ Investment Properties Group has brokered the $54 million sale of New Haven Marketplace in Ontario. Built in 2020, the shopping center totals 95,000 square feet. Stater Bros. anchors the property, which was fully leased at the time of sale. Other tenants include Starbucks Coffee, Chase Bank, Carl’s Jr., Great Clips, Rodeo X Public Market and Brew Haven. Pat Kent and Parker Walter of SRS represented the seller, a California-based developer, in the transaction. Glenn Rudy of Newmark represented the buyer, a California-based family …

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Investment salesNewsTexas

Partners Real Estate Arranges Sale of 5,302-Square-Foot Car Wash in Metro Austin

by Hayden Spiess

Round Rock, Texas — Partners Real Estate, formerly known as NAI Partners, has arranged the sale of a 5,302-square-foot retail property in the northern Austin suburb of Round Rock. Mister Car Wash occupies the property. Landan Dory and Jason Chtay of Partners represented the buyer, an entity doing business as AJH Williamsburg Ltd., in the transaction. Spencer Henderson and Jim Ceresnak from B&E CRE represented the undisclosed seller.

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Mood-House-Charlotte-N.C
LeasingNewsNorth Carolina

Massage Studio, Brewery Sign Leases Totaling 5,000 Square Feet at Oakhurst Commons in Charlotte

by Hayden Spiess

Charlotte, N.C. — Two tenants have signed leases at Oakhurst Commons, a 135,000-square-foot adaptive reuse project currently underway in Charlotte. Massage studio Mood House will lease 3,000 square feet, marking the brand’s second Charlotte location. Additionally, Pop the Top Craft Beer will open a 2,000-square-foot brewery with outdoor patio space. A joint venture between MDH Partners and Parkside Partners acquired the property — formerly home to a five-building office, warehouse and lab facility — in 2021. Upon completion, the development will include 120,000 square feet of office space and 15,000 …

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Jackson-Creek-Center-Medford-Ore
Grocery-anchoredInvestment salesNewsOregon

IPA Arranges Sale of 84,610-Square-Foot Shopping Center in Southern Oregon

by Hayden Spiess

Medford, Ore. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $6.1 million sale of Jackson Creek Center, a 84,610-square-foot shopping center located in Medford. Albertson’s anchors the property, which was 93 percent occupied at the time of sale. Other tenants at the center include Oregon Internal Medicine, West Main Spirits, Ace Force One, El Arriero, Subway, UScellular and Wells Fargo. Bill Rose of IPA represented the seller, Citivest Commercial Investments, in the transaction. Adam Lewis is Marcus & Millichap’s broker of record in Oregon.

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